Omni-Lite Industries Canada (OTCMKTS:OLNCF) Stock Crosses Below 200-Day Moving Average – Time to Sell?

Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCFGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.98 and traded as low as $0.96. Omni-Lite Industries Canada shares last traded at $0.98, with a volume of 1,975 shares changing hands.

Omni-Lite Industries Canada Price Performance

The business has a 50-day simple moving average of $1.00 and a 200 day simple moving average of $0.98. The firm has a market cap of $15.09 million, a PE ratio of 13.93 and a beta of 0.37.

About Omni-Lite Industries Canada

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Omni-Lite Industries Canada Inc operates as a designer and manufacturer of precision components in the United States and Canada. It offers forged, electronic, and investment casting components for aerospace, military, specialty, automotive, sports, and recreational industries. The company was incorporated in 1992 and is headquartered in Cerritos, California.

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